DHI Group (NYSE:DHX) Share Price Crosses Above 200 Day Moving Average of $2.50

DHI Group, Inc. (NYSE:DHX) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.50 and traded as high as $2.59. DHI Group shares last traded at $2.45, with a volume of 166,999 shares.

Analyst Upgrades and Downgrades

DHX has been the subject of a number of recent research reports. Barrington Research reiterated an “outperform” rating and issued a $7.00 target price on shares of DHI Group in a research report on Thursday, February 8th. StockNews.com downgraded shares of DHI Group from a “strong-buy” rating to a “buy” rating in a report on Friday, March 22nd.

DHI Group Stock Down 3.5 %

The business has a 50 day simple moving average of $2.53 and a 200-day simple moving average of $2.50. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.45 and a current ratio of 0.45. The firm has a market capitalization of $117.67 million, a price-to-earnings ratio of 30.63 and a beta of 0.99.

DHI Group (NYSE:DHX) last released its quarterly earnings data on Wednesday, February 7th. The technology company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.01). The firm had revenue of $37.29 million for the quarter, compared to analyst estimates of $35.82 million. DHI Group had a return on equity of 3.78% and a net margin of 2.30%. On average, equities analysts expect that DHI Group, Inc. will post 0.17 EPS for the current year.

Institutional Investors Weigh In On DHI Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC acquired a new position in shares of DHI Group in the 3rd quarter valued at $58,000. Pacific Ridge Capital Partners LLC purchased a new stake in DHI Group in the 3rd quarter valued at about $468,000. Mackenzie Financial Corp acquired a new position in DHI Group in the third quarter valued at about $36,000. Hennion & Walsh Asset Management Inc. boosted its stake in DHI Group by 133.7% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 69,210 shares of the technology company’s stock worth $212,000 after buying an additional 39,591 shares during the period. Finally, WINTON GROUP Ltd raised its stake in shares of DHI Group by 133.9% in the 3rd quarter. WINTON GROUP Ltd now owns 28,926 shares of the technology company’s stock valued at $89,000 after acquiring an additional 16,559 shares during the period. Institutional investors and hedge funds own 69.26% of the company’s stock.

DHI Group Company Profile

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.